London’s AIM All Share managed to find some limited support on Wednesday, adding just over one and a half points to close at 736.66, although notably underperforming the main board.
- Mirriad Advertising +23%
- Inspirit Energy +18%
- Sancus Lending +11%
- Rosslyn Data -45%
- Tiger Royalties -33%
Mirriad Advertising LON:MIRI topped the board, adding 23% on Wednesday. There’s no formal news out here but is the prospect of falling interest rates and an improved consumer economy driving support?
- AIM Market Roundup: Distil, Orchard Funding, Mirriad Ads
- AIM Market Roundup: Mirriad Advertising, Goldstone Resources
Inspirit Energy LON:INSP was in second place up 18%. Yesterday’s news that the company was to become a cash sell decimated the share price so we’re seeing something of a rebound although trades have been limited and the gain sits within the quoted spread.
- AIM Market Roundup: Craven House, Deltex Medical, MicroSalt
- Small Cap Stocks: Gunsynd, Chariot, Inspirit Energy
Sancus Lending LON:LEND gets the notable mention, up 11%. A trading update this morning reinforced the idea that performance was in line with expectations with an uptick in loans written and stable credit quality.
- AIM Market Roundup: Mosman Oil, Sancus Lending, Kromek
- Small Cap Stocks: Oracle Power, Quadrise, i-nexus Global
Rosslyn Data LON:RDT was the biggest faller, off 45% although that follows a placement that took place after the close on Tuesday at a 55% discount. On that basis the comparative outperformance is worthy of note.
Tiger Royalties LON:TIR was 33% lower after it issued a portfolio update following last night’s close. The portfolio valuation was down by a quarter from the assessment made in July, whilst cash reserves had been more than halved.
